YEARLY HIGH
0.8144 CVE
YEARLY LOW
0.7240 CVE
YEARLY AVERAGE
0.7773 CVE

2022 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.8144. Conversely, the yearly low was recorded on December 21, dropping to 0.7240.

This high-to-low spread represents a total annual volatility of 0.0904 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7574 to the December average rate of 0.7333, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8144 was up 4.93% compared to the 2021 peak of 0.7762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 4,072 CVE
2021 Average 3,686 CVE
Yearly Trough Low 3,620 CVE
Transaction Impact: A difference of 452.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8056
0.7268
JanuMarcMayJulySeptNove

ISK to CVE Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7827, compared to 0.7720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.7827
H2 Avg (Jul–Dec) 0.7720

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0599 CVE (High: 0.8048 / Low: 0.7449). On the other end, February was the most stable month, with a tight range of 0.0187 CVE (High: 0.7898 / Low: 0.7711).

September Spread (Volatile) ±0.0599
February Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0295 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.7991) against the same month in 2021 (average: 0.7400), the exchange rate shifted by +0.0591 (+7.99%).

2022 Avg (May) 0.7991
2021 Avg (May) 0.7400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7742 0.7474 0.7574
February 0.7898 0.7711 0.7804
March 0.7832 0.7566 0.7717
April 0.8034 0.7742 0.7892
May 0.8144 0.7810 0.7991
June 0.8130 0.7814 0.7984
July 0.8036 0.7681 0.7885
August 0.8023 0.7799 0.7882
September 0.8048 0.7449 0.7845
October 0.8063 0.7731 0.7834
November 0.7703 0.7378 0.7539
December 0.7514 0.7240 0.7333